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Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,219 | $104,098-31.6% | $140,514-49.3% | $94,015-24.2% |
| Participation rate | 84.2% | 73.7%+10.5pp | 77.8%+6.4pp | 70.8%+13.4pp |
| Annual return | 6.81% | 15.14%-8.3pp | 14.36%-7.5pp | 17.84%-11.0pp |
| Employer contribution / active EE | $2,430 | $2,388+1.8% | $3,378-28.1% | $2,790-12.9% |
| Participant deferral / active EE | $974 | $4,033-75.8% | $4,919-80.2% | $4,249-77.1% |
| Admin fee / account holder | $11,217 | $10,439+7.5% | $13,697-18.1% | $8,951+25.3% |